BREAKING: German PPI slightly above expectations!

8:00 - Germany PPI for October:

YoY: -1.8%, Expected: -1,9%, Previous 1.7%
MoM: 0.1%, Expected: 0,0%, Previous -0,1%

Improving monthly dynamic shows very minor improvement in business sentiment, that proved to exceed market expectations.

However, still, yearly dynamic is negative and maintains long-term decline trend.

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BREAKING: German PPI slightly above expectations!

8:00 - Germany PPI for October:

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